This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $78,648 initial cash invested.
2.52%
Cash On Cash
7.7%
Cap Rate
1.19
DSCR
$3,178
Rent
$165
Cashflow
Cash Flow
$3,178 income − $3,013 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,648
Downpayment
20%
$57,760
Closing costs
1%
$2,888
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,178
Total Expenses
$3,013
Mortgage P&I
49%
$1,562
Property Taxes
8%
$259
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350